ElringKlinger bags series order from global Tier 1 supplier for battery housings

ElringKlinger AG has received an order for metal battery housings from a global Tier 1 supplier. The battery housings are intended for use in commercial vehicles and city bus applications in the American market. The series order has a five-year term with a total order volume in the low three-digit million euro range. To this… Continue reading ElringKlinger bags series order from global Tier 1 supplier for battery housings

ElringKlinger bags series order from global Tier 1 supplier for battery housings

ElringKlinger AG has received an order for metal battery housings from a global Tier 1 supplier. The battery housings are intended for use in commercial vehicles and city bus applications in the American market. The series order has a five-year term with a total order volume in the low three-digit million euro range. To this… Continue reading ElringKlinger bags series order from global Tier 1 supplier for battery housings

Magna begins production of modular eDecoupling unit for BEVs

Magna has announced the start of production of a first-to-market, modular eDecoupling unit to support multiple battery electric vehicle (BEV) programs for a German premium OEM. A bolt-on stand-alone solution for BEVs, Magna’s electro-magnetic eDecoupling is a robust, field proven product technology that is integrated as a complete module. The eDecoupling is an electromechanical device… Continue reading Magna begins production of modular eDecoupling unit for BEVs

Magna begins production of modular eDecoupling unit for BEVs

Magna has announced the start of production of a first-to-market, modular eDecoupling unit to support multiple battery electric vehicle (BEV) programs for a German premium OEM. A bolt-on stand-alone solution for BEVs, Magna’s electro-magnetic eDecoupling is a robust, field proven product technology that is integrated as a complete module. The eDecoupling is an electromechanical device… Continue reading Magna begins production of modular eDecoupling unit for BEVs

Fiat could make a comeback in India

The Stellantis Group, which operates Jeep and Citroen in India, is likely to leverage its STLA Medium (M) platform to bring back the Fiat brand to India. Unveiled earlier last month, Stellantis’ STLA M platform is understood to be making its way to India with the next-gen Jeep Compass in 2026 along with Citroen’s next-generation models, which will also use the… Continue reading Fiat could make a comeback in India

Ministry of Labour mulls social security scheme for gig workers; slated to spur demand for electric two-wheelers

The central government is mulling the launch of a pan-India social security scheme for gig workers in the e-commerce and food aggregator space after Rajasthan and Karnataka introduced similar social security measures. The Rajasthan government passed the Platform-Based Gig Workers (Registration and Welfare) Bill, 2023, in the last week of July 2023, which aims to bring gig workers into the fold of… Continue reading Ministry of Labour mulls social security scheme for gig workers; slated to spur demand for electric two-wheelers

Ministry of Labour mulls social security scheme for gig workers; slated to spur demand for electric two-wheelers

The central government is mulling the launch of a pan-India social security scheme for gig workers in the e-commerce and food aggregator space after Rajasthan and Karnataka introduced similar social security measures. The Rajasthan government passed the Platform-Based Gig Workers (Registration and Welfare) Bill, 2023, in the last week of July 2023, which aims to bring gig workers into the fold of… Continue reading Ministry of Labour mulls social security scheme for gig workers; slated to spur demand for electric two-wheelers

Tesla’s Zachary Kirkhorn steps down as CFO, Taneja to take over: Report

Kirkhorn, a company veteran of 13 years, will remain with Tesla till the end of the year. No particular reason was given for his departure. Tesla said that Zachary Kirkhorn stepped down as its chief financial officer and named its accounting head, Vaibhav Taneja, as its new finance chief, Reuters reported. Taneja who joined Tesla… Continue reading Tesla’s Zachary Kirkhorn steps down as CFO, Taneja to take over: Report

JK Tyres eyeing funds for Rs 1,100 crore investment plan

JK Tyre & Industries, the flagship company of JK Group, has revived its Rs 1,100 crore investment plan, which was postponed in 2018 due to a slowdown in macroeconomic indicators. The company is now going all out to tap into the growing demand for tyres in India.  Dr. Raghupati Singhania, the Chairman and Managing Director… Continue reading JK Tyres eyeing funds for Rs 1,100 crore investment plan

JK Tyres eyeing funds for Rs 1,100 crore investment plan

JK Tyre & Industries, the flagship company of JK Group, has revived its Rs 1,100 crore investment plan, which was postponed in 2018 due to a slowdown in macroeconomic indicators. The company is now going all out to tap into the growing demand for tyres in India.  Dr. Raghupati Singhania, the Chairman and Managing Director… Continue reading JK Tyres eyeing funds for Rs 1,100 crore investment plan